Tag Archives: Profits

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 13, 2021 It’s all about demand.  Inflation data published Wednesday left markets spooked.  Consumer prices rose at the fastest annual pace since 2008 in April, according to the latest data from the BLS, news that sent stocks tumbling with the S&P 500 (^GSPC) falling 2.1% on the day.  The simplest read on the market’s reaction to… Source link

(Bloomberg) — Tesla Inc. is about to lose one source of the regulatory-credit revenue that’s been crucial to its almost two-year run of consecutive quarterly profits. Stellantis NV, the automaker formed through the merger of PSA Group and Fiat Chrysler, announced Wednesday it is exiting a European emissions-credit agreement with Tesla. Complying with standards on its own will save the company about 300 million euros ($360 million), roughly two-thirds of which would have gone to Tesla, Chief… Source link

Google shifted more than $75.4 billion (€63 billion) in profits out of the Republic using the controversial “double-Irish” tax arrangement in 2019, the last year in which it used the loophole. The technology giant availed of the tax arrangement to move the money out of Google Ireland Holdings Unlimited Company via interim dividends and other payments. This company was incorporated in… Source link

In this article we will take a look at the 10 best stocks to invest in 2021 for long-term profits. You can skip our detailed analysis of these stocks’ outlook for 2021 and some of the major growth catalysts for bank stocks and go directly to 5 Best Stocks to Invest in 2021 For Long-Term Profits. As consumer spending and employment slowly start to recover, investors are hopeful about the much-awaited stability in financial markets. It’s becoming harder for beginner investors to find the… Source link

Tesla’s (TSLA) investment in Bitcoin (BTC-USD) has garnered the electric vehicle company about $1 billion in profits — at least on paper, according to estimates from Wedbush Securities Managing Director Dan Ives. “That’s more than all they made on EV vehicles in 2020, but that continues to be the double-edge sword. It’s going to add risk to the story, and we’re seeing that in terms of the volatility,” Ives told Yahoo Finance Live on Monday. Earlier this month Tesla announced it had… Source link

Tesla could have made more in profits from its recent bitcoin investment than it has made selling EVs, Yahoo! Finance reported. When bitcoin hit the $50,000 mark for the first time ever, this continued the 2021 rally that has been sending it higher on increased adoption. Tesla purchased $1.5 billion in bitcoin last month, and even though it hasn’t revealed its average purchase price or how many bitcoins it holds, Tesla could be raking in the profits. In January, Bitcoin traded between… Source link

YEKATERINBURG, RUSSIA – OCTOBER 30, 2020: A Yandex.Taxi car (C) moves along Lenina Avenue. Donat … [+] Sorokin/TASS (Photo by Donat SorokinTASS via Getty Images) Donat Sorokin/TASS Yandex.Taxi has said that it maintained profitability during the pandemic despite the ride-hailing sector’s deep challenges in the crisis. Aram Sargsyan, Yandex.Taxi’s regional general manager for markets including EMEA and Eurasia, said that the division of the Russian… Source link